MONTREAL, QUEBEC--(Marketwired - Aug. 3, 2017) - Opus One Resources Inc. (formerly GFK Resources Inc.) (TSX VENTURE:OOR) (the "Company" or "Opus One") is pleased to announce the completion of the second and final closing of its previously announced private placement of 10 million units and 10 million flow-through shares (the "Offering") (see Company's news release dated June 22, 2017 for more details). In total, the Company issued at the second and final closing 2,800,000 units (the "Units") at a price of $0.10 per Unit ($280,000) and 275,000 flow-through common shares (the "Flow-Through Shares") at a price of $0.13 per Flow-Through Share ($35,750). Each Unit consists of one common share of the Company and one common share purchase warrant (a "Warrant"), each Warrant entitling the purchaser to acquire one additional common share of the Company at a price of $0.15 per share until February 3, 2019 (18 months following the closing). |